SOURCE: EnerCom, Inc.

EnerCom, Inc.

March 04, 2015 14:59 ET

Will the U.S. Shale Boom Fuel Asia's Economic Future and Europe's Energy Security?

An Oil & Gas 360® Exclusive Interview With Cheniere Energy's (NYSE: LNG) Anatol Feygin

DENVER, CO--(Marketwired - Mar 4, 2015) -  The president of the Swiss/Norwegian International Gas Union told reporters last week that destination clauses on contracts for liquefied natural gas (LNG) shipments "will soon be a thing of the past because of the shale revolution in the United States," according to Reuters.

New LNG Market Dynamic

The shale boom flipped the U.S. LNG market upside down in just over a decade -- converting the U.S. from an importer of LNG into a soon-to-be exporter.

To accomplish this, billions of dollars of capital have been raised and new companies have been built to take the natural gas from U.S. producers and supercool it into liquid form for shipping abroad. A number of U.S. LNG export plants are in the design phase, and some plants are well under construction.

First movers have presold their planned output capacity in large part to Asian and European buyers. In fact, LNG plant developers in the U.S. have announced plans to export 50 million tonnes a year from projects going up along the Gulf Coast by 2018.

First to Market: Cheniere Energy

If projections hold, Cheniere Energy (NYSE: LNG) will be the first U.S. LNG exporter to the finish line. Cheniere is on track to produce first LNG at its Sabine Pass LNG export facility on the U.S. Gulf coast in late 2015. Cheniere is building a second export facility at Corpus Christi, Texas. By 2020, with both projects complete, Cheniere will be one of the largest global exporters of LNG, providing about 10% of the total LNG market. Cheniere will become one of the largest natural gas buyers in the U.S., procuring natural gas at a rate of approximately 6 Bcf/day. At that point, the company's investment in its U.S. LNG export infrastructure will top $30 billion.

The Future of LNG: An Oil & Gas 360® Exclusive Interview with Cheniere Energy's Anatol Feygin

As part of Oil & Gas 360®'s "Top Minds in the Business" series, in this exclusive interview Oil & Gas 360® discussed the future of LNG, U.S. export laws, global LNG markets and commodities price environments with Anatol Feygin, Senior Vice President of Strategy & Corporate Development for Cheniere Energy.

"We expect to see continued growth in demand out of non-OECD Asia especially, and we do think that LNG growth in Europe will continue... we think the North American market in particular offers some very attractive advantages in how the LNG is priced and sourced," Feygin told Oil & Gas 360®.

This and other exclusive interviews with top oil and gas industry executives may be viewed at http://www.oilandgas360.com/category/videos/.

ABOUT OIL & GAS 360®

Designed by the professionals at EnerCom, Inc., Oil & Gas 360® (www.oilandgas360.com) is a daily source of news, information and analysis written specifically for the oil & gas industry and those who invest in it. The website features people, technologies, transactions and macro-economic trends that impact commodity prices, capital allocation and operations within the oil and gas industry. Articles, interviews, industry data and company profiles and analytics posted on Oil & Gas 360® are designed to provide pertinent information for portfolio managers, equity research analysts, private equity capital providers, private investors, oil and gas executives, government officials and other professionals associated with the oil and gas industry.

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ABOUT ENERCOM, INC.

Founded in 1994, EnerCom, Inc. is a nationally recognized investor communications consultancy firm advising and serving energy-centric clients on corporate strategy, investor relations, media and corporate communications and visual communications design. EnerCom's professionals have more than 180 years of industry and business experience and a 21-year track record of success. Headquartered in Denver, EnerCom uses the team approach for delivering its wide range of services to public and private companies, large and small, operating in the global exploration and production, drilling, OilService, midstream and associated advanced-technology industries.

  • EnerCom annually hosts one of North America's best attended oil and gas-focused investment conferences -- The Oil & Gas Conference® 20. August 16-20, 2015, Denver.
  • For 20+ years, EnerCom Analytics has established itself as the trusted source of information and data for hundreds of oil and gas company executives, directors and investor relations professionals.

Global sponsors of Oil & Gas 360® are Credit Agricole Corporate & Investment Bank, Netherland Sewell & Associates, Preng & Associates, and Hein and Associates. Sponsors of EnerCom's The Oil & Services Conference™ 13 include the above-named global sponsors and Wunderlich Securities, Fifth Third Bank, DNB ASA and GMP Securities.

For more information about EnerCom, its services, conferences and Oil & Gas 360® please call +1 303-296-8834.

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